APO Leon D Black sells $122.6M worth of shares
Sep 09, 2025, 4:32 AM
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What does APO do
Apollo Global Management, headquartered in New York City, offers asset management services across three segments: Asset Management, Retirement Services, and Principal Investing, employing 4,879 full-time staff since its IPO in 2011. Athene Holding, part of Apollo, specializes in retirement savings products, including annuities, while the Principal Investing segment focuses on investment income and performance fees.
Leon D Black sold 915,000 shares of APO on 4 September at $134.03 per share, worth a total of $122.6M. They now own 4,526,000 APO shares, or a 17% holding decrease.
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